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DTSTART:20121114T020000Z
DTEND:20121114T043000Z
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SUMMARY:Grid Energy Storage: Beyond Batteries
DESCRIPTION:HARVESTING RENEWABLE ENERGY\n\nWhen will clean energy be cheaper than (as ubiquitous as) fossil fuel energy? The economics of renewable energy depend on a symbiotic relationship of power capture\, storage\, and transmission. Wind and solar power cannot be turned on when needed\, providing power at limited times which fails to leverage their potential. Energy storage is a missing link needed to overcome the biggest barrier in reaching the promised land of renewable energy.\n\nUtility company-scale storage systems have traditionally used Hydroelectric or Compressed Air to capture and store energy. These sources deliver high power\, over a long duration\, and at a much more favorable cost per kWh compared to batteries. Battery advances were seen as evolving too slowly to meet utility grid storage needs until the emergence of technology breakthroughs. A new genre of batteries are challenging the capacity\, price\, and lifetime limitations\, potentially making this a viable storage solution. In addition\, innovative startups are creating rapid\, deployable\, aggregated solutions to leverage green energy while optimizing the economics equation.\n\n\nThe Energy Storage market is very large\, with estimates ranging from 2 to $10 billion dollars by 2015. Additionally\, Pike Research forecasts that $122 billion will be invested in energy storage projects between 2011 and 2021.\n\n- Will traditional Pumped Hydro and Compressed Air prevail over newer technologies?\n- Which will make the best economic sense\, significant battery technology breakthroughs or flexible\, fast\, smaller scale solutions?\n- What opportunities will be created for entrepreneurs by renewable energy technologies?\n- How will utilities companies play?\n- Who will reap the profits from the industry?
X-ALT-DESC;FMTTYPE=text/html:HARVESTING RENEWABLE ENERGY\n\nWhen will clean energy be cheaper than (as ubiquitous as) fossil fuel energy? The economics of renewable energy depend on a symbiotic relationship of power capture\, storage\, and transmission. Wind and solar power cannot be turned on when needed\, providing power at limited times which fails to leverage their potential. Energy storage is a missing link needed to overcome the biggest barrier in reaching the promised land of renewable energy.\n\nUtility company-scale storage systems have traditionally used Hydroelectric or Compressed Air to capture and store energy. These sources deliver high power\, over a long duration\, and at a much more favorable cost per kWh compared to batteries. Battery advances were seen as evolving too slowly to meet utility grid storage needs until the emergence of technology breakthroughs. A new genre of batteries are challenging the capacity\, price\, and lifetime limitations\, potentially making this a viable storage solution. In addition\, innovative startups are creating rapid\, deployable\, aggregated solutions to leverage green energy while optimizing the economics equation.\n\n\nThe Energy Storage market is very large\, with estimates ranging from 2 to $10 billion dollars by 2015. Additionally\, Pike Research forecasts that $122 billion will be invested in energy storage projects between 2011 and 2021.\n\n- Will traditional Pumped Hydro and Compressed Air prevail over newer technologies?\n- Which will make the best economic sense\, significant battery technology breakthroughs or flexible\, fast\, smaller scale solutions?\n- What opportunities will be created for entrepreneurs by renewable energy technologies?\n- How will utilities companies play?\n- Who will reap the profits from the industry?
LOCATION:Stanford School of Medicine - Li Ka Shing Center\, Stanford\, CA\, CA 94304
UID:e.2469.1309
SEQUENCE:3
DTSTAMP:20260426T130600Z
URL:https://business.paloaltochamber.com/events/details/grid-energy-storage-beyond-batteries-11-13-2012-1309
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